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Commodity Transaction Tax (CTT)

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Commodity Transaction Tax (CTT)
Deepak Aggarwal By: Deepak Aggarwal
February 18, 2015
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Commodity Transaction TAX (CTT)

Please note the below Commodities-39 nos. have addition covered into Agricultural Commodities w.e.f. 10/02/2015, resulting into Exempt from Commodity Transaction Tax (CTT). Also one commodity- Cotton seed oilcake/ Kapasia Khali has been removed from this list w.e.f. 10/02/2015. Now total 61 agricultural commodities are covered into agricultural commodities i.e. exempt from CTT:

Exempt from CTT w.e.f. 10/02/2015
SR.NO PARTICULARS
1. Aniseed
2. ArharChuni
3. Bajra
4. Betelnuts
5. Celeryseed
6. Chara or Berseem (Including Chara seed or Berseem seed)
7. Cinnamon
8. Cloves
9. Cotton pods
10. Cotton seed
11. Ginger
12. Gram Dal
13. Gram Husk (Gram Chilka)
14. Groundnut
15. Jowar
16. Kulthi
17. Lakh (Khesari)
18. Linseed
19. Masur
20. Methi
21. Moth
22. Mung
23. Mung Chuni
24. Mung Dal
25. Nutmeg
26. Onion
27. Peas
28. Ragi
29. Rice Bran
30. Rice or Paddy
31. Safflower
32. Seedlac
33. Sesamum (Til or Jiljilli)
34. Small Millets (KodanKulti, Kodra, Korra, Vargu, Sawan, Rala, Kakun, Samai, Vari and Banti)
35. Sunflower seed
36. Tur (Arhar)
37. Tur Dal (Arhar dal)
38. Urad (Mash)
39. Urad Dal

 

By: Deepak Aggarwal - February 18, 2015

 

 

 

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